Billing

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Billing
Smart billing solutions designed for diverse business models

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As digital transactions continue to evolve, businesses need efficient solutions to manage payments, pricing, and overall customer billing experience. Solidgate addresses this need and provides a comprehensive billing system tailored to support different business models, helping optimize operations and enhance revenue management.

At the core of this solution are flexible product, pricing, taxes, and Glossary
A feature for a payment arrangement where a customer authorizes the automatic and periodic withdrawal of funds from their account to fulfill ongoing financial obligations. subscription management features that allow merchants to customize their billing approach. In Solidgate, products represent the goods or services available for purchase, while pricing options empower businesses to sell in multiple currencies, reaching customers worldwide. Merchants have complete control over billing operations, encompassing product and price creation, and subscription management via the Solidgate HUB or Solidgate API , ensuring a flexible and scalable payment framework.

Managing products includes creating new offerings, retrieving product details, or adjusting existing products to meet specific needs and enhance customer experience.
Product price management provides options to create, update, and retrieve pricing information. It allows merchants to maintain accurate and competitive pricing strategies.
Solidgate’s tax solution simplifies sales tax, VAT, and GST calculations, ensuring compliance across regions and helping businesses manage complex tax requirements.

With products and pricing in place, merchants are fully equipped to offer one-time products for single purchases and recurring products for subscriptions. Businesses can manage subscription services, update payment credentials, and access product details. Additionally, Solidgate offers a tax solution for accurate tax determination, filing, and compliance. This lets you focus on growing your business instead of handling tax issues.

Solidgate's subscription service connects customers to products. It allows for defining the frequency of recurring payments and outlining the details of the subscriptions. Additionally, merchants can offer trial periods for subscriptions and track subscription statuses.
Solidgate equips merchants with essential tools for subscription management. They include product switching, data retrieval, token update, pausing, cancellation, restoration, and revenue recovery, ensuring efficient operations and customer satisfaction.
For businesses centered around subscriptions, coupons feature is a great tool for attracting and retaining customers. Coupons can be tailored for various durations, redemption limits, and expiration dates, enabling targeted promotional strategies.

Solidgate’s subscription service has detailed reason codes to help identify churn drivers. Real-time notifications keep merchants informed about all their subscription events.
Subscription insights
Gain in-depth insights for effective subscription management.
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